NOT LISTED FOR SALE

2429 W Olney Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $266,000 - $369,000

2.69 Acres
$123,293 Price per Acre
117,176 Sq Ft Lot

Last Sold December 10, 2019

Last sale price $225,000

Est. 47% increase in value since last sale

Current estimated payment $1,957/month

125 Days on Market

Highlights

  • Horses Allowed On Property
  • City Lights View
  • No HOA
  • Phoenix Coding Academy Rated A
  • 2.69 Acre Lot

About This Lot

As of December 2019

City and mountain views, close to downtown Phoenix, Sky Harbor Airport, new 202 Loop. May be able to subdivide.

Last Agent to Sell the Property

Kay Shepard

Keller Williams Realty East Valley License #SA514614000 Listed on: 11/30/2019

Keller Williams Realty East Valley

Last Buyer's Agent

Kristopher Ontiveros

My Home Group Real Estate License #SA558479000

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,743

Lot Details

  • 2.69 Acre Lot
  • Property is zoned R1-10

Property Views

  • City Lights
  • Mountain

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot '-'
  • Assessor Parcel Number 300-16-011-E

Property Details

Property Type

Land

Est. Annual Taxes

$1,743

Lot Details

0

Listing Details

  • Cross Street: 27th Ave and Dobbins Rd
  • Legal Info Range: 2E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Existing Wash(s), Gentle Sloping
  • Zoning: R1-10
  • Tax Year: 2018
  • Directions: From Dobbins Rd, S on 27th Ave, E on Lodge to property
  • Horses: Yes
  • Lot Size Acres: 2.69
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: City Light View(s), Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 117310.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 300-16-011-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1743.0
  • Tax Book Number: 300.00
  • Tax Lot: '-'
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
South Mountain Rei Development Llc
Bought by
22 Olney Llc
Current Estimated Value
$331,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,497
Outstanding Balance
$60,204
Interest Rate
6.2%
Estimated Equity
$287,844

Purchase Details

Listed on
Nov 30, 2019
Closed on
Dec 5, 2019
Sold by
Tompkins John W and The Tompkins Living Trust
Bought by
South Mountain Rei Development Llc
Seller's Agent
Kay Shepard
Keller Williams Realty East Valley
Buyer's Agent
Kristopher Ontiveros
My Home Group Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2013
Sold by
Tompkins John W and Tompkins Tomalee S
Bought by
Tompkins John W and Tompkins Tomalee S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
22 Olney Llc $850,000 Magnus Title Agency
South Mountain Rei Development Llc $225,000 Great American Title Agency
Tompkins John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 22 Olney Llc $60,497
Open 22 Olney Llc $550,000
Previous Owner South Mountain Rei Development Llc $230,816
Previous Owner South Mountain Rei Development Llc $65,000
Previous Owner South Mountain Rei Development Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $225,000 0.0% --
10/17/2019 10/17/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $225,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,962 $12,725 $12,725 --
2024 $1,927 $12,119 $12,119 --
2023 $1,927 $33,330 $33,330 $0
2022 $1,872 $25,035 $25,035 $0
2021 $1,872 $25,095 $25,095 $0
2020 $1,825 $21,945 $21,945 $0
2019 $1,826 $18,990 $18,990 $0
2018 $1,743 $14,415 $14,415 $0
2017 $1,654 $16,470 $16,470 $0
2016 $1,575 $13,755 $13,755 $0
2015 $1,516 $16,736 $16,736 $0
Source: Public Records

Agents Affiliated with this Home

  • Kay Shepard

    Seller's Agent in 2019

    Kay Shepard

    Keller Williams Realty East Valley

    (602) 432-5745

    4 in this area

    16 Total Sales

    Kay Shepard
    Section Image

  • K

    Buyer's Agent in 2019

    Kristopher Ontiveros

    My Home Group Real Estate

    (480) 785-0431

    3 in this area

    15 Total Sales

    Kristopher Ontiveros
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5940235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-16-011E

Arizona Maricopa County Phoenix 85041 South Mountain

2429 W Olney Ave, Phoenix, AZ

This home is located at 2429 W Olney Ave, Phoenix, AZ 85041 since 30 November 2019 and is currently estimated at $331,657. 2429 W Olney Ave is a home located in Maricopa County with nearby schools including Cesar Chavez High School, Phoenix Coding Academy, and EAGLE College Prep: South Mountain.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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